U.K. Mulls Fund To Aid Patent Litigation

Law360 (July 29, 2004, 12:00 AM EDT) -- The U.K. has unveiled plans for a government-backed insurance scheme that would help inventors litigate against rivals that infringe their patents, with a provision for a panel of U.S. litigators working on a contingency basis.

In a “scooping study” released Thursday, the U.K. Patent Office called for the creation of a mutual insurance association to provide a fund of at least £50,000 for each member to allow companies to take patent infringers to court.

The fund would purchase patent insurance to cover the litigation costs of...

At LexisNexis we take your privacy seriously. As detailed in our Privacy Policy we will use your personal information to administer your account and provide the products and services that you have requested from us.

At LexisNexis we take your privacy seriously. As detailed in our Privacy Policy we will use your personal information to administer your account and provide the products and services that you have requested from us.